Analysts' Upgrades, Downgrades: RIM

CHANGE IN RATINGS

Akamai (AKAM Quote) downgraded at Citigroup from Buy to Hold. Valuation call, based on a $22 price target, as the stock is up 43% year-to-date.

Big Lots (BIG Quote) rated new Overweight at Barclays Capital. $28 price target. Near-term sales could decline, but the company is working on further lowering its cost structure.

Disney (DIS Quote) downgraded at JPMorgan to Neutral from Overweight. Price target lowered to $21 from $23. 2009 EPS estimates lowered to $1.68 from $1.77.

Dollar Tree (DLTR Quote) downgraded at UBS from Buy to Neutral. $45 price target. Valuation call, as the stock is up 31% from the February lows.

Dollar Tree (DLTR Quote) downgraded at Barclays to equal weight from overweight and price target maintained at $46. While steadily improving efficiency is allowing profits to grow even faster than sales, Barclays believes market expectations are very high.

Dr. Pepper Snapple (DPS Quote) rated new Overweight at Barclays. $25 price target. Higher soda sales are driving growth.

First Horizon National (FHN Quote) downgraded at Citigroup from Buy to Hold. Valuation call, based on a $12 price target. Company remains well-capitalized, relative to its peers.

FMC Technologies (FTI Quote) upgraded at Jefferies to Buy from Hold and price target increased to $45 from $27 based on the strong multi-year outlook for subsea activity, expectations for solid order flow in 2010 and valuation. $45 price target based on 19x 2009 EPS and 9-10x 2009 EBITDA, a premium to peers which is supported by history. Risks include execution of backlog, rising labor costs, macro economic/worldwide slowdown in GDP that impacts oil demand, and a potential drop in commodity prices which could curtail deepwater drilling and subsea development.